The 2015 Chicago Auto Show is officially sanctioned by the International Organization of Motor Vehicle Manufacturers. Founded in Paris in 1919, it is known as the Organisation Internationale des Constructeurs d'Automobiles.

Carter addressed the crowd to highlight the reasons 2014 will be another great year for automakers.

“Today, every automaker is contributing new ideas and technologies to meet the needs and desires of our customers,” said Carter. “And in the process, ensuring the auto industry has a very bright future.”

Carter explained the continuing economic strength will provide growth to the car business. The combination of historically low auto loan rates, strong product momentum from nearly every automaker and an increase of 4,000 more customers than last year are expected to lease or buy a new vehicle.

“Our industry should see a fifth consecutive year of growth,” said Carter. “A positive sales run automakers haven’t seen since the 1930’s.”

Carter further spoke to Toyota’s growth as well. This year, Toyota will introduce eight new or updated products, leading with the new 2015 Lexus RC F sports coup that will be on display at the 2014 Chicago Auto show. It offers true racecar performance with 450-plus horsepower and a five-liter, V8 engine. Additionally, Toyota continues to do their part for the environment with their fuel-efficient products, hybrid vehicles and focus on hydrogen fuel cell vehicles.

“We have a lot of great products that will meet consumers’ current needs and desires, but we aren’t stopping there, and neither is our industry” said Carter. “When you add it all up, this is a great time to be in the auto business.”

About the Chicago Auto Show
The Chicago Auto Show is the largest on the continent, spanning more than 1 million square feet of production, concept, and exotic vehicle exhibit space. In addition to hosting multiple world and North American vehicle debuts, the Chicago Auto Show's First Look for Charity raises more than $2 million annually for 18 worthy Chicago organizations in a single night. The 2014 public show will be February 8-17. For more information, visit ChicagoAutoShow.com or Facebook.com/ChicagoAutoShow. Media can register for the Chicago Auto Show Media Preview at chicagoautoshow.com/media/.

About The Chicago Automobile Trade Association
Founded in 1904, the Chicago Automobile Trade Association is the nation’s oldest and largest metropolitan dealer organization. It is comprised of more than 400 franchised new-car dealers and an additional 150 allied members. The group’s dealer members employ nearly 20,000 people in the metropolitan area. The association has produced the Chicago Auto Show since 1935. For more information, visit CATA.info.